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March 29, 2022

Industrial automation innovation among medical industry companies has dropped off in the last year

Analysis of patent filings shows a shrinking level of industrial automation related applications in the industry over the past year.

By Data Journalism Team

Research and innovation in industrial automation in the medical sector has declined in the last year.

The most recent figures show that the number of industrial automation related patent applications in the industry stood at 494 in the three months ending January – down from 811 over the same period in 2021.

Figures for patent grants related to industrial automation followed a similar pattern to filings – shrinking from 526 in the three months ending January 2021 to 363 in the same period in 2022.

The figures are compiled by GlobalData, who track patent filings and grants from official offices around the world. Using textual analysis, as well as official patent classifications, these patents are grouped into key thematic areas, and linked to key companies across various industries.

Industrial automation is one of the key areas tracked by GlobalData. It has been identified as being a key disruptive force facing companies in the coming years, and is one of the areas that companies investing resources in now are expected to reap rewards from.

The figures also provide an insight into the largest innovators in the sector.

F. Hoffmann-La Roche Ltd was the top industrial automation innovator in the medical sector in the latest quarter. The company, which has its headquarters in Switzerland, filed 135 industrial automation related patents in the three months ending January. That was down from 195 over the same period in 2021.

It was followed by the United States based Johnson & Johnson with 111 industrial automation patent applications, the United States based Thermo Fisher Scientific Inc (96 applications), and the United States based Illumina Inc (54 applications).

Stryker Corp has recently ramped up R&D in industrial automation. It saw growth of 62.5% in related patent applications in the three months ending January compared to the same period in 2021 - the highest percentage growth out of all companies tracked with more than 10 quarterly patents in the medical sector.

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